As of August 2026, the southern city has designated 148 commercial housing projects in which foreign individuals and organizations are eligible to own residential properties.
Hanoi is continuing to expand its housing supply across the social, rental and commercial segments as part of efforts to meet growing demand and improve housing affordability, according to a new report by the municipal People's Committee.
The northern province is focusing on expediting delayed projects and implementing a strategic shift in governance mindset—moving from "homeownership" to "rental housing" to meet the needs of workers in industrial parks and economic zones.
The publication of the list expected to improve transparency in the real estate market while facilitating lawful property ownership by foreign investors and residents in the province.
The first project is located in Thanh Liet Ward that spans approximately 6.969 ha, and is currently vacant agricultural land managed by the local People's Committee.
The Prime Minister launched the Quang Trung Campaign with the urgent goal of completing all housing repairs and reconstruction before the 2026 Lunar New Year (Tet).
Among the approved projects, 34 already have investors in place, accounting for nearly 28,000 units, while 7 others—representing around 8,000 units—are still seeking investment.
South-central Phu Yen province will auction the land use rights for three housing projects with a total area of more than 50,000 sq m, a population of over 5,000 people, and total investment of some VND4 trillion ($170.8 million). The province has set a target of reaching a per capita housing area of 28 sq m by 2025 and 31.7 sq m by 2030.
Hanoi is facing pressure from housing demand due to rapid population growth. The capital is currently implementing 149 housing projects, including 92 in commercial housing, equivalent to nearly 35 million sq m of floor space, and 57 in social housing, or 6.6 million sq m.
The prices of houses and certain types of real estate in most localities are on an upwards trajectory. Projects with central locations in major cities have very high prices, at up to VND650-800 million ($28,550-$35,145) per sq m. Despite the prices, however, transaction numbers continue to increase.